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Industrial Machine News

Industrial Machines news continually updated from thousands of sources around the net.

24 min ago | Sunday Herald

Aggreko looks to recruit new chief rapidly

THE chairman of Aggreko says the company is working quickly to find a successor to outgoing chief executive Rupert Soames but won't rush into an appointment.

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Related Topix: Aggreko, Leasing

4 hrs ago | SFGate

United Technologies to get $400 million tax deal

State lawmakers gave final legislative approval Thursday to a $400 million tax credit deal with United Technologies Corp., but not without some concerns that Connecticut has to "play defense" to keep its largest private sector employer from moving elsewhere.

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Related Topix: Manufacturing, Security, United Technologies Corporation, Sikorsky Aircraft, United Technologies, GE Aircraft Engines, Hamilton Sundstrand, Paper, Aerospace-Defense, Pratt Industries

8 hrs ago | The Globe and Mail

Buffett-inspired portfolio gives high marks to this cooking equipment maker

Validea's pick of the week provides a detailed report on a company that scores well in the stock-screening service's model portfolios.

Comment?

Related Topix: Financial Markets, Manufacturing, Middleby Corporation The, Warren Buffett

12 hrs ago | Washington Times

Manufacturing plant to expand in Manhattan

A manufacturing company is planning a $7 million capital investment in its Manhattan plant, which is expected to create 100 new jobs.

Comment?

Related Topix: Gibraltar Steel, Construction, Steel, Mining

17 hrs ago | Business Journal

Ingersoll-Rand earnings slide in Q1, revenue ticks up

The company's net revenue climbed to $2.7 billion in the latest period from $2.6 billion a year ago.

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Related Topix: Manufacturing, Automakers, IngersollRand Company

21 hrs ago | AmericanBankingNews.com

United Technologies Given "Overweight" Rating at Morgan Stanley

's stock had its "overweight" rating reaffirmed by stock analysts at Morgan Stanley in a report issued on Wednesday, American Banking News.com reports.

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Related Topix: Sikorsky Aircraft, Manufacturing, GE Aircraft Engines, Hamilton Sundstrand, Paper, Aerospace-Defense, Security, United Technologies Corporation, Pratt Industries, Clipper Windpower

Wed Apr 23, 2014

News Times

Blue Harbour's Robbins says fund owns more than 5 percent of Babcock

Blue Harbour Group founder and Chief Executive Officer Cliff Robbins said his activist fund owns more than 5 percent of Babcock & Wilcox , a clean-energy technology and services company.

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Related Topix: Babcock and Wilcox

GuruFocus.com

United Technologies: Creating a Niche in the Diversified Industrial industry

The diversified industrial industry plays a great role for the prosperity of an economy.

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Related Topix: Manufacturing, Security, United Technologies Corporation, GE Aircraft Engines, Hamilton Sundstrand, Paper, Homeland Security Capital, Aerospace-Defense, Pratt Industries, Clipper Windpower

Ledger-Enquirer.com

Ovation guitar factory in Connecticut is closing

Fender Musical Instruments Corp., based in Scottsdale, Ariz., and maker of the iconic Stratocaster electric guitar, said in an announcement Tuesday that it was ceasing domestic production of Ovation guitars and closing the New Hartford factory, citing "current market conditions and insufficient volume levels."

Comment?

Related Topix: Short, Music!, Kaman, Bloomfield, CT, Winsted, CT

Paper Age

Packaging Corp. of America Posts Record First Quarter 2014 Results

April 23, 2014 - Packaging Corporation of America [yesterday] reported first quarter net income of $90 million, or $0.92 per share.

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Related Topix: Packaging Corporation Of America, Manufacturing, Weather, International Falls, MN

Utility Products

Power generators to reveal earnings after polar vortex

Over the next few weeks, power companies will roll out their first set of quarterly earnings reports following the completion of the harsh winter punctuated by the so-called 'polar vortex' in January.

Comment?

Related Topix: Chicago Bridge and Iron, Construction, Metals, Energy, Entergy, Scana Corporation

AmericanBankingNews.com

BHP Billiton plc Receives "Hold" Rating from Canaccord Genuity

's stock had its "hold" rating restated by equities research analysts at Canaccord Genuity in a research note issued to investors on Wednesday, ARN reports.

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Related Topix: Manufacturing, Blount International, BHP Billiton, Mining

AmericanBankingNews.com

Corning Sees Significant Drop in Short Interest

Corning was the recipient of a large decrease in short interest in the month of January.

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Related Topix: Manufacturing, Corning Cable Systems, Telecom, Corning, Electronics, Dow Corning, Chemicals

KELO-TV Sioux Falls

Raven Begins Search For New CFO

Raven Industries' Chief Financial Officer Thomas Iacarella, 60, is being named the company's Chief Risk Officer until his planned retirement in two years.

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Related Topix: Rubber-Plastics, Manufacturing, Raven Industries

Tue Apr 22, 2014

The Washington Post

United Technologies Raises Forecast With Aviation Sales Gain

The maker of aircraft parts and Otis elevators raised the lower end of its 2014 earnings forecast today after beating analysts' first-quarter profit estimates.

Comment?

Related Topix: Manufacturing, United Technologies, GE Aircraft Engines, Hamilton Sundstrand, Paper, Aerospace-Defense, Security, United Technologies Corporation, Pratt Industries, Clipper Windpower

Detroit News

Freudenberg sales up 5.9% on oil, gas, medical gains

Last year, Freudenberg NA, which consolidated its number of business groups to 12 from 15 while growing employment 4 percent to more than 8,000, boosted sales to $2.1 billion from $1.8 billion.

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Related Topix: Manufacturing, Automakers, FreudenbergNOK General Partnership

The Hartford Courant

China is a driver, not a drag, for U.S. earnings in first quarter

Economic growth may be slowing in China, and fears of a credit crunch there may be rife, but the world's second-largest economy was a driving force for U.S. company profits in the last quarter.

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Related Topix: Manufacturing, Restaurant Management, Mcdonalds, Security, United Technologies Corporation, Yum Brands, Bird Flu, Health, Reuters, Ansonia, CT

KELO-TV Sioux Falls

Earth Day Volunteers Clean Up Big Sioux River

"It's a lot nicer to see green grass and clean river versus seeing stuff float down and garbage along the banks," volunteer Mike Hartwig said.

Comment?

Related Topix: Vista Research, Rubber-Plastics, Manufacturing, Raven Industries

ECNmag

BTU brings its Thermal Processing Duo to NEPCON China

BTU International, Inc. announced that it will exhibit its DYNAMO and PYRAMAX in booth B-1C20 at NEPCON China 2014, scheduled to take place April 23-25, 2014, at the Shanghai World EXPO Exhibition & Convention Center, Shanghai, China.

Comment?

Related Topix: Semiconductors, Manufacturing, BTU International, Billerica, MA, World News, China

AmericanBankingNews.com

Circassia Pharmaceuticals PLC Receives New Coverage from Analysts at Canaccord Genuity

The firm set a "buy" rating and a GBX 341 price target on the stock. Shares of Circassia Pharmaceuticals PLC opened at 294.23 on Tuesday.

Comment?

Related Topix: Circor International Incorporated, Manufacturing, Circassia

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